A leader in the development, production and supply of specialty chemicals, SONGWON’s products touch your life every day, everywhere. Since 1965, we’ve been driving innovation, partnering for progress and paving the way for a better more sustainable tomorrow with 360° customized solutions.
Headquartered in South Korea, SONGWON is the 2nd largest manufacturer of polymer stabilizers worldwide. With Group companies and world-class manufacturing facilities across the globe, we are dedicated to providing customers in over 60 countries with high-performance products that meet their individual needs and the best levels of service.Songwon Industrial Co., Ltd.
+41 52 635 0000
18 Feb 2021
Songwon Industrial Co., Ltd. (www.songwon.com) the 2nd largest manufacturer of polymer stabilizers in the world, and key global player in the specialty chemicals business announced today that it has made further changes to its leadership structure to streamline the company moving forward.
8 Feb 2021
SONGWON Industrial Co., Ltd. announced today that prices for all its polymer stabilizers products will be raised by up to 10%, depending on the product line and region.
13 Jan 2021
SONGWON Industrial Co., Ltd. announced today that as of December 2020, Makwell Plastisizers Pvt Ltd (Makwell) based in Mumbai is its exclusive distributor for PVC additives in India.
10 Dec 2020
Over the past year, SONGWON Industrial Group www.songwon.com, the 2nd largest manufacturer of polymer stabilizers in the world, has continued to strengthen its commitment to the coatings industry in China. In order to better serve customers, SONGWON has steadily built up an extensive network of highly competent and experienced distributors throughout China to expand and promote its offering to the region’s Coatings market.
7 Dec 2020
SONGWON Industrial Co., Ltd. announced today that prices for all its products will be raised by 2-5%, depending on business line and region.
13 Nov 2020
SONGWON Industrial Group (www.songwon.com) today announced its financial results for the 3rd quarter ending September 30, 2020. In Q3/2020, the Group achieved consolidated sales of 195,237 Mil. KRW, marking a 6.3% decline in revenue compared to sales for Q3/2019 (208,388 Mil. KRW). During Q3/2020, the EBITDA increased by 7.3% to 24,349 Mil. KRW and the Group recorded a net profit increase of 19.8% (8,746 Mil. KRW) over Q3/2019. SONGWON achieved YTD September 2020 consolidated sales of 603,925 Mil. KRW.
23 Sep 2020
Following the launch of SONGFLAME® at K-2019, SONGWON has further developed its proprietary halogen-free technology and is adding a new product to its portfolio of flame-retardant synergists.
8 Sep 2020
SONGWON Industrial Co., Ltd. (www.songwon.com) today announced that it has signed an exclusive distribution agreement with First Quality Chemicals, a leading specialty chemicals distributor in Mexico, for the coatings, adhesives, sealants and elastomers (CASE) markets.
14 Aug 2020
SONGWON Industrial Group (www.songwon.com) today announced its financial results for the second quarter of 2020. Over the quarter, the Group achieved consolidated sales of 198,145 Mil. KRW which, when compared to Q2/2019, marked a 9.3% decrease in revenue. However, the year-to-date (YTD) June 2020 sales revenues of 408,688 Mil. KRW were comparably in line with and remained almost at the same level as the first six months of 2019 (408,884 Mil. KRW). In Q2/2020, the Group saw its gross profit margin increase by 1.4%-points to 21.1% over Q1/2020.
25 May 2020
Songwon Industrial Co., Ltd. announced today that it has signed an exclusive distribution agreement with Biesterfeld France. As from May 1, 2020, Biesterfeld France has been exclusively distributing the SONGWON polymer stabilizer range in France.
19 May 2020
SONGWON Industrial Co., Ltd. announced today that it has signed two exclusive distribution agreements for the distribution of its comprehensive range of polymer stabilizers: Bodo Möller Chemie Benelux N.V. has been supplying customers in Belgium, Luxemburg and the Netherlands since January 1, 2020, and Bodo Möller Chemie UK Ltd took on responsibility in the United Kingdom and Ireland on May 1.
15 May 2020
SONGWON Industrial Group (www.songwon.com) today released its audited financial results for the first quarter of 2020, ended March 31, 2020. After a challenging finish to 2019, SONGWON experienced a solid start to the new year with sound growth and increased revenue: In Q1/2020, the Group achieved consolidated sales of 210,543 Mil. KRW and reported a 27.4% increase in net profit (11,182 Mil. KRW) in the first quarter 2020 over Q1/2019. Compared to the first quarter of 2019, the gross profit margin in Q1/2020 decreased slightly from 20.9% to 19.7%. However, both the EBITDA and EBIT margins increased respectively in the first quarter to 12.8% and to 8.8%.